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Stop the Nonsense, Hanwha
We have seen your latest press release. It is so misleading and detached from reality that we will not even consider sharing it. That said: We, the majority of shareholders represented at the AGM, voted to remove your board members, nominated by the Hanwha controlled election committee. The majority of shareholders have also rejected your Continue reading
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Game on – et nytt slag kan komme snart
Vi vant første slag i generalforsamlingen: Et nytt styre er på plass, og det ble vedtatt granskning av tidligere forhold i REC Silicon. Nå forventer vi at styret konstituerer seg raskt og tar nødvendige grep – særlig innen corporate governance, gjeldsstruktur og fremtidig inntjening. Åpen og aksjonærvennlig kommunikasjon må bli den nye normen – det Continue reading
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Game on – another battle might be coming soon
We won the first battle at the general meeting: A new Board of Directors is in place, and an investigation into REC Silicon’s past actions has been approved. We now expect the board to convene quickly and take decisive action – particularly in the areas of corporate governance, debt restructuring, and future revenue generation. Transparent Continue reading
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Gratulerer alle REC-aksjonærer – vi vant første runde!
I går dominerte vi generalforsamlingen og fikk satt inn nytt styre og besluttet en granskning. Dette var det få om noen som trodde var mulig, og vi skrev nok børshistorie. Den nærmeste perioden vil kunne oppleves turbulent , vi forventer sklitaklinger fra Korea – den første kom i dag – men også gode nyheter via Continue reading
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Congratulations to all REC shareholders – we won the first round!
Yesterday, we dominated the general meeting, successfully replacing the board and securing a decision to initiate an investigation. This is something few believed was possible – and we likely wrote a piece of stock market history. The upcoming period may feel turbulent — we expect hard, even foul, tackles from Korea, the first came today Continue reading
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Water Street Capital Comments on Results of REC Silicon Annual General Meeting
Water Street Capital would like to thank the thousands of investors who joined us in our efforts to ensure that the top priority of REC Silicon’s Board of Directors remains maximizing the value of the company. https://www.prnewswire.com/news-releases/water-street-capital-comments-on-results-of-rec-silicon-annual-general-meeting-302491387.html Continue reading
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New board elected!
The nomination committee’s proposal rejected, new board approved, and investigation approved. Congratulations to all involved! Continue reading
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Fantastisk innsats – vi har passert 35%
I den siste flaggemeldingen rundt kl. 10 mandag ble det meldt inn at fullmakter på 26,45 % er tildelt Karina Fossmark. Dette tilsvarer 111 millioner aksjer. En av Water Street sine advokater flagget, men uten å vise alle kort. Det kreves imidlertid ingen avansert kalkulator for å forstå at vi, sammen med Water Street, nå Continue reading
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Outstanding effort – we have passed 35%
In the latest shareholding notification around 10:00 AM on Monday, it was reported that 26.45% of shares – equivalent to 111 million shares – have been granted as proxy to Karina Fossmark. One of Water Street’s attorneys also filed a flagging notice, though without revealing all their cards. However, it doesn’t take a sophisticated calculator Continue reading
Make REC Great Again! 